Filed December 13, 2023
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,274 | $101,069-82.9% | $81,478-78.8% | $147,584-88.3% |
| Participation rate | 82.6% | 74.5%+8.2pp | 68.0%+14.7pp | 82.8%-0.2pp |
| Annual return | 43.23% | 32.40%+10.8pp | 38.78%+4.5pp | 578.55%-535.3pp |
| Employer contribution / active EE | $2,364 | $3,205-26.2% | $2,568-7.9% | $4,876-51.5% |
| Participant deferral / active EE | $5,783 | $4,242+36.3% | $3,537+63.5% | $5,439+6.3% |
| Admin fee / account holder | $4,047 | $5,812-30.4% | $4,561-11.3% | $10,885-62.8% |